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Money Magnet

is a fully automatic Forex trading Expert Advisor. The robot can run on any instrument, but the results are better with EURUSD on the H1 timeframe. 

If you are a long-term investor looking at yearly profits with high Sharpe-ratio then Money magnet is a good option.

Please check the comment part to share your settings with others and enjoy the latest optimal settings uploaded by other users. 


Expert Advisor Advantages

  • High Sharpe-ratio
  • The EA does not use such systems as martingale, hedging, grid or any other type of dangerous practices
  • Fixed-lot or Auto-lot calculation based on defined risk
  • Take profit and stop loss are set for every order
  • The results obtained in the strategy tester match the results of real trading
  • Very easy to use(few simple parameters)
  • High testing speed
  • Passed the test on a period of more than 3 years

Pairs and time-frames

  • Any instruments
  • Any time-frames


Recommended balance

The recommended balance for the EA's use is $1000 or 1000 cent, however, if your account has leverage bigger than 100:1 then it can be used on much smaller accounts($100).


Parameters

  • MagicNumber - If you want to run multiple instances of this EA with different settings on the same instrument, then use different Magic-Numbers
  • Magnet - this parameter should be set to any integer greater than 0. You can find your best value with optimizing the EA on your desired instrument
  • Prd - this parameter should also be set to any integer greater than 0. You can find your best value with optimizing the EA on your desired instrument
  • Risk -  this is the amount of risk in percentage. If the position hits stop loss then you will lose this percentage of your account. This works only if you set FixedLot=0 and  SL>0
  • FixedLot - If you set it to some number other than zero then the fixed lot will be used by EA, otherwise, the Lot will be calculated automatically based on the Risk and SL parameters
  • trail -  this parameter is in points so if you set it to 100 points, then your position will be trailed after it was 10 pips in profit!
  • SL- this parameter is in points, so 300 means your stop-loss will be 30 pips. To trade without stop loss set this to 0 (not recommended)
  • TP- this parameter is also in points, so 300 points mean your stop-loss will be 30 pips. To trade without stop loss set this to 0
  • start - The EA start trading at this time, and this is based on your broker time. If you don't want to have start time set it to -1;
  • stop - The EA stop trading at this time, and this is also based on your broker time. (At this time the EA stops opening new trades but the other functions are still working!) If you don't want to have a stop time set it to 25;

Remarks

**** In the auto-calculated mode, we do not penalize the robot for the losing trades. means that the x percent risk in each trade is calculated based on the highest account balance. Therefore in case you wanted to withdraw money from your account, first remove the robot from the chart and after withdrawal, you can again run it.


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Hello, my name is Alexander. I would like to introduce you to my new development, Hermes EA. The advisor is synthesis of two strategies: breakthrough strategy and level strategy. The EA doesn't use any indicators. The EA works well on EURUSD  pair. The advisor has shown stable performance for more than 20 years. It does not use dangerous trading methods such as martingale, etc. All transactions are protected by take profit and stop loss. I tried to make the advisor as easy to install as possible
Turtle Soup Daily Open: A Daily Market Opening Strategy Introducing "Turtle Soup Daily Open" - an Expert Advisor designed to operate during the daily market openings. This automated trading system is inspired by the classic "Turtle Trading" concept but applies a unique approach to the start of each trading day. Key Features: Market Opening Focus : Operates during the initial moments of daily price action. Dual Risk Settings : Offers Normal Risk and Low Risk presets to suit different trading appr
This EA was once our internally used premium EA, now offered to everyone after adaptive improvements. It utilizes stable time zone patterns, generates orders almost daily with a very high win rate, and is particularly suitable for clients with lower capital. Backtesting using MT5's "Every tick based on real ticks" mode yields results highly similar to live trading, no adjustments and showing long-term stability, indicating a mature strategy. However, everything has two sides. This EA's strategy
Signal Account  (running 0.75% Balance Risk) If you need MT4 version or can't afford renting/purchasing contact me for alternative solution. Join  Nexus Community Public Chat This EA is part of   Nexus Portfolio  - a combination of the b est long term EAs I created for my personal trading as well as private fund management. The best NON martingale, grid or averaging EA in mql5 market. Most other EAs only sell backtest dream. This is the only EA that can perform closely in live trading as in bac
The Secret EA
Mr Andreas Kyriacou
The Secret EA is a One of a Kind Professional Trading Algorithm that Unlike 99.9% of EA's on the Market: Is Not Over-Optimised (Through Many Years of Experience, I Have Developed the Necessary Skills to Avoid the Pitfalls) Produces Accurate Backtests (A Genuine EA with No Backtest Manipulation) Uses Single Position Trades (No Grid/Martingale or Added Positions) Uses a Reasonably Sized Stop Loss (Providing Professional Risk Management) Closes Any Open Trades Before the Market Close/Rollover (Avoi
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Gioteen Volatility Index (GVI)   - your ultimate solution to overcoming market unpredictability and maximizing trading opportunities. This revolutionary indicator helps you in lowering your losing trades due to choppy market movements. The GVI is designed to measure market volatility, providing you with valuable insights to identify the most favorable trading prospects. Its intuitive interface consists of a dynamic red line representing the volatility index, accompanied by blue line that indicat
The Shark Pattern is dependent upon the powerful 88.6% retracement and the 113% Reciprocal Ratio, works extremely well retesting prior support/resistance points (0.886/1.13) as a strong counter-trend reaction. Represents a temporary extreme structure that seeks to capitalize on the extended nature of the Extreme Harmonic Impulse Wave. The indicator demands immediate change in price action character following pattern completion. Extreme Harmonic Impulse Wave utilized depends upon location of 88.6
SRP (Strong Retracement/Reversal Points) is a powerful and unique support and resistance indicator. It displays the closest important levels which we expect the price retracement/reversal! If all level are broken from one side, it recalculates and draws new support and resistance levels, so the levels might be valid for several days depending on the market! Key Features You can use it in all time-frames smaller than daily! Displays closest significant support and resistance levels Update the l
Strongest and Weakest Currency Analysis This product shows the strength of the main currencies in FOREX based on average pip gain/loss in different time-frames! Depending on the strength of the currency, the indicator colors changes from blue to red also the orders may also be changed, allowing you to find the strongest and weakest currency at a glance! Advantages Whatever your trading method and strategy are, it is always important to choose the correct pairs, so this indicator will help you
This EA is working based on our Shark indicator ( https://www.mql5.com/en/market/product/22786 ). After forward testing this EA for more than 2 months and publishing live signals on our Telegram channel https://t.me/SharkChannel , we received so many positive feed-backs from the clients. Therefore, I decided to put this simple but nice EA on the Market! The robot is multi pair and multi timeframe. So it can monitor several instruments on different timeframes to find shark patterns and then trade
SRP Pro
Farhad Kia
5 (1)
Strong Retracement Points Pro edition! SRP (Strong Retracement/Reversal Points) is a powerful and unique support and resistance indicator. It displays the closest important levels which we expect the price retracement/reversal! If all level are broken from one side, it recalculates and draws new support and resistance levels, so the levels might be valid for several days depending on the market! If you are still hesitating to start using this wonderful tool, you can check this link to see how ef
Strong Retracement Points Pro demo edition! SRP (Strong Retracement/Reversal Points) is a powerful and unique support and resistance indicator. It displays the closest important levels which we expect the price retracement/reversal! If all level are broken from one side, it recalculates and draws new support and resistance levels, so the levels might be valid for several days depending on the market! If you are still hesitating to start using this wonderful tool, you can check this link to see h
This robot is multi pair and multi timeframe.  It monitors several instruments on different timeframes to find Shark and Bat harmonic patterns . You can use this Robot as a fully automated trading system. Or you can use it as a trigger for your entry points with your own trading systems. Entry point, Stop loss and take profit are well defined based on Harmonic pattern! Entry points  are indicated by golden lines. Stop loss is indicated by red line and finally we have 6 take profit points which a
Strongest and Weakest Currency Analysis This product shows the strength of the main currencies in FOREX based on average pip gain/loss in different time-frames! Depending on the strength of the currency, the indicator colors changes from blue to red also the orders may also be changed, allowing you to find the strongest and weakest currency at a glance! Advantages Whatever your trading method and strategy are, it is always important to choose the correct pairs, so this indicator will help you
Gioteen Volatility Index (GVI) - your ultimate solution to overcoming market unpredictability and maximizing trading opportunities. This revolutionary indicator helps you in lowering your losing trades due to choppy market movements. The GVI is designed to measure market volatility, providing you with valuable insights to identify the most favorable trading prospects. Its intuitive interface consists of a dynamic red line representing the volatility index, accompanied by blue line that indicate
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